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Decaprio Incorporated produces and sells a single product. The company has provided its contribution format income statement for June. Sales (6,700 units) Variable expenses

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Decaprio Incorporated produces and sells a single product. The company has provided its contribution format income statement for June. Sales (6,700 units) Variable expenses Contribution margin Fixed expenses $ 368,500 268,000 100,500 88,000 Net operating income $ 12,500 If the company sells 6,900 units, its net operating income should be closest to: (Do not round intermediate calculations.) Multiple Choice $23,500 $12,873 $15,500 $12,500

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